The deposit is part of the Sandstone Hub and was previously mined by Troy Resources, which produced 207,000oz at 4.6g/t Au via open pit mining methods. Pic: Getty Images
Brightstar zeroes in on indicated gold resource upgrade at Lord Nelson
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- BTR reports up to 17.89g/t gold from drilling at Lord Nelson deposit
- Deposit part of 1.5Moz Sandstone gold project
- Indicated resource classification could be on the horizon at Lord Nelson
Special Report: Brightstar Resources’ maiden drilling at the Lord Nelson deposit within the 1.5Moz at 1.5g/t gold Sandstone project has returned up to 17.89g/t gold, which bodes well for future resource upgrades.
The company is currently undertaking an aggressive 55,000m RC drilling program to rapidly upgrade and expand the existing mineral resource across multiple deposits.
The ~3700m RC program at Lord Nelson was designed to infill mineralisation within a portion of current mineral resource, confirming the continuity of high-grade mineralisation within the current mineral resource defined by the A$2500/oz Au optimised pit shell.
Extensional drilling in the southern portion of the mineral resource also intersected significant gold mineralisation, which is expected to be included in a future update to the mineral resource estimate.
Best results include:
- 40m at 1.89g/t Au from 178m, including 15m at 3.07g/t Au from 196m
- 22m at 2.38g/t Au from 228m
- 22m at 2.05g/t Au from 216m
- 4m at 4.23g/t Au from 172m
- 14m at 2.27g/t Au from 212m, including 4m at 4.97g/t Au from 212m
- 4m at 3.11g/t Au from 148m
- 8m at 5.06g/t Au from 170m, including 1m at 17.89g/t Au from 174m
- 3m at 6.03g/t Au from 183m, including 1m at 14.8 g/t Au from 184m;
- 4m at 3.59g/t Au from 205m, including 1m at 11.13g/t Au from 211m.
Brightstar Resources (ASX:BTR) says the results have confirmed continuity of high-grade mineralisation within the optimised pit shell and extensions to mineralisation at depth.
80,000m to drill
The RC rig has now moved to Vanguard Camp, targeting along strike/down plunge extensions and infilling key areas of the high-grade Vanguard North deposit.
“The results from our first drill program at the Lord Nelson deposit within our Sandstone gold project are significant, highlighting the continuity of the high-grade mineralisation and the robustness of the current mineral resource,” Brightstar managing director Alex Rovira said
“Drilling is ongoing with the RC rig now at the Vanguard Camp, infilling key areas for future resource upgrades and targeting extensions to the high-grade Vanguard North deposit.
“This drilling represents the start of our exploration focus at Sandstone and with over 80,000m of total drilling planned for the year at our Sandstone Hub, we look forward to rapidly advancing these assets through systematic and sustained exploration and feasibility study workstreams.”
An additional drill rig is scheduled to arrive at the Laverton Hub this month, followed by a diamond rig in April, with the drilling to target extensions and infill areas within the Cork Tree Well deposit as well as depth and strike extensions to the Fish deposit to support potential for mine life extensions.
BTR hailed a major milestone recently with approval to mine the Fish underground from the WA Government.
This article was developed in collaboration with Brightstar Resources, a Stockhead advertiser at the time of publishing.
This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.
